CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Short Interest Update

CapitaLand Ascendas REIT (OTCMKTS:ACDSF) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 3,578,600 shares, an increase of 25.9% from the October 31st total of 2,841,400 shares. Based on an average trading volume of 13,400 shares, the days-to-cover ratio is presently 267.1 days.

CapitaLand Ascendas REIT Trading Up 5.5 %

Shares of OTCMKTS:ACDSF opened at $2.04 on Friday. CapitaLand Ascendas REIT has a twelve month low of $1.71 and a twelve month high of $2.31. The company’s 50 day moving average is $2.03 and its 200 day moving average is $1.98.

CapitaLand Ascendas REIT Company Profile

CapitaLand Ascendas REIT (CLAR) is Singapore’s first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. CLAR has since grown to be a global REIT anchored in Singapore, with a strong focus on tech and logistics properties in developed markets.